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Hanstone Gold Corp. ( (TSE:HANS) ) has issued an announcement.
Hanstone Gold Corp has made an additional drawdown of $30,000 under an amended loan agreement with an affiliate of its director, Mr. Gurbakhshish ‘Bob’ Hans, bringing the total borrowed amount to $1,225,000. The transaction, classified as a ‘related party transaction,’ is exempt from certain regulatory requirements and will support general corporate purposes, with implications for Hanstone’s financial strategy and stakeholder interests.
More about Hanstone Gold Corp.
Hanstone Gold Corp is a precious and base metals exploration company focused on the Doc and Snip North Projects in British Columbia’s Golden Triangle, a region known for its rich mineral deposits. The company holds a 100% earn-in option on the Doc Project and owns the Snip North Project outright, leveraging a team with a strong track record in gold discovery and mineral project development.
YTD Price Performance: 73.91%
Average Trading Volume: 32,415
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$2.07M
Find detailed analytics on HANS stock on TipRanks’ Stock Analysis page.